Advertisement
UK markets close in 4 hours 46 minutes

  • FTSE 100

    7,829.94
    -47.11 (-0.60%)
     

  • FTSE 250

    19,281.78
    -168.89 (-0.87%)
     

  • AIM

    741.07
    -4.22 (-0.57%)
     

  • GBP/EUR

    1.1674
    -0.0009 (-0.08%)
     

  • GBP/USD

    1.2437
    -0.0001 (-0.01%)
     

  • Bitcoin GBP

    51,883.26
    +2,329.31 (+4.70%)
     

  • CMC Crypto 200

    1,334.90
    +22.27 (+1.73%)
     

  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     

  • DOW

    37,775.38
    +22.07 (+0.06%)
     

  • CRUDE OIL

    82.25
    -0.48 (-0.58%)
     

  • GOLD FUTURES

    2,396.80
    -1.20 (-0.05%)
     

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

  • HANG SENG

    16,224.14
    -161.73 (-0.99%)
     

  • DAX

    17,717.76
    -119.64 (-0.67%)
     

  • CAC 40

    7,995.55
    -27.71 (-0.35%)
     
Property:

11 beautiful homes with glorious garden rooms

Investing in a home with a garden room will enable you to enjoy your outside space whatever the weather

Amazon (AMZN) Acquires INLT, Enhances Online Retail Business

Zacks Equity Research

Amazon AMZN has acquired INLT, a startup which offers cloud solutions for importing goods, in a bid to strengthen online retail business.

Additionally, the move is in sync with the company’s strong focus toward enhancement of its cloud-based retail solutions offerings.

Notably, the startup helps sellers or businesses by lowering the cost of importing goods into the United States with the aid of its solutions. INLT develops software that helps in custom clearance and management of costs related to imported goods.

With the latest buyout, Amazon intends to simplify the process of cross-border shipments for the merchants on e-commerce platform. Moreover, the acquisition is likely to expand the company’s offerings to sellers.

Consequently, this will help Amazon in attracting more sellers to its platform and drive e-commerce growth, which in turn will drive the top line.

Dominance of E-commerce

We believe strengthening relationship with merchants on the back of enhanced tools and solutions offerings is anticipated to aid Amazon’s dominant position in the e-commerce space. This move will also provide the e-commerce giant a tough competition to other players which include Alibaba and eBay EBAY, which are yet to offer such cloud services to merchants.

Growing Opportunities for Cloud in Trade

With INLT acquisition, Amazon makes a foray into cloud solutions in the global trade management space.

Cloud computing is making inroads in to the trade finance software space courtesy of the data driven world. Notably, the technology maximizes profitability by building strong trade finance architecture.

Moreover, cloud services offer high security controls and storage of data, which enables businesses to save on expensive IT investments. Additionally, these services help in seamless export and import management by bringing automation to the global trade process.

Importers are leveraging cloud services as they offer efficiency, lower risk and help in reduction of costs related to flow of documents and their verification. Meanwhile, exporters are adopting cloud technology as it ensures timely payment for delivered goods, consequently reducing the risk of payment fault from the buyer side.

We believe latest move of Amazon makes it well poised to capitalize on the burgeoning need for cloud in international trade.

Amazon.com, Inc. Revenue (TTM)

 

Amazon.com, Inc. Revenue (TTM)
Amazon.com, Inc. Revenue (TTM)

Amazon.com, Inc. revenue-ttm | Amazon.com, Inc. Quote

ADVERTISEMENT

Intensifying Battle

Apart from Amazon, companies like SAP SAP and Oracle ORCL are taking strong initiatives to foray into global trade.

SAP Global Trade Services Software offers on-premise or cloud deployment, automates trade processes, control costs, management of free-trade agreement and accelerate cross-border supply chain. Further, the software helps in clearing the customs faster and reduces the risk of penalties and fines.

Oracle’s Global Trade Management Cloud manages all warehousing needs and transportation modes within and across borders to reduce costs, increases efficiency, and ensures compliance. It also helps in custom management.

Hence, competition is intensifying in the cloud solutions for global trade management space.

Nevertheless, Amazon’s aggressive acquisition strategy remains a key catalyst. Moreover, INLT’s strong customer base is likely to expand Amazon’s footprint in this particular space. Further, the e-commerce’s own huge seller base remains a tailwind.

Currently, Amazon carries a Zacks Ranks #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

5 Stocks Set to Double

Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Amazon.com, Inc. (AMZN) : Free Stock Analysis Report
 
eBay Inc. (EBAY) : Free Stock Analysis Report
 
Oracle Corporation (ORCL) : Free Stock Analysis Report
 
SAP SE (SAP) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research